Carlyle pays $20m fine to 'resolve its role' in scandal
New York Attorney General Andrew Cuomo has reached a resolution with The Carlyle Group under which the firm has pledged to avoid hiring placement agents to obtain investments from New York’s public pensions. Carlyle also agreed to pay $20m to ‘resolve its role’ in the pension pay-to-play investigation.
16 January 2013•3 mins read
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